The Ballast Water Treatment Market is expected to be around US$ 217 Billion by 2027 at a CAGR of 47.1% in the given forecast period.
Stringent guidelines of the International Maritime Organization (IMO) and Ballast Water Management Convention (BWM) with respect to the treatment of ballast water are additionally expected to drive the growth for Ballast Water Treatment Market. Growth in production and sales of counterbalance water treatment system inferable from the increment in exchange of automotive machinery & equipment, medical & healthcare, building & infrastructure materials, beauty care products, food & beverages, and mining equipment will also drive the growth of Ballast Water Treatment Market.
Ballast water alludes to the seawater utilized as ballast to adjust the ship, furthermore, is siphoned in or out so as to include/decrease weight for dependability. Ballast water is a procedure of removing or killing the biological organisms, for example, bacteria, algae, and zooplankton from the water before releasing to the marine condition.
The global Ballast Water Treatment market is segregated on the basis of Technology as Chemical treatment, Physical disinfection, and Mechanical systems. Based on Vessel Type the global Ballast Water Treatment market is segmented in Low ballast dependent vessels and High ballast dependent vessels. Based on Service the global Ballast Water Treatment market is segmented in Performance measurement, Manufacturing, installation & calibration, and Re-commissioning.
Based on Capacity, the global Ballast Water Treatment market is segmented in <1500 cubic meters, 1500 – 5000 cubic meters, and >5000 cubic meters.
The global Ballast Water Treatment market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Ballast Water Treatment market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Trojan Technologies, Mitsubishi Heavy Industries Ltd., Evoqua Water Technologies LLC, Damen Shipyards Group, JFE Engineering Corporation, Xylem, Calgon Carbon Corporation, Alfa Laval, ATG UV Technology, Headway Technology Co.Ltd., and others are among the major players in the global Ballast Water Treatment market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Ballast Water Treatment Market has been segmented as below:
Ballast Water Treatment Market, By Technology
Ballast Water Treatment Market, By Vessel Type
Ballast Water Treatment Market, By Service
Ballast Water Treatment Market, By Capacity
Ballast Water Treatment Market, By Region
Ballast Water Treatment Market, By Company
The report covers:
Report Scope:
The global Ballast Water Treatment market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Ballast Water Treatment market share. Major industry players with significant revenue share include Trojan Technologies, Mitsubishi Heavy Industries Ltd., Evoqua Water Technologies LLC, Damen Shipyards Group, JFE Engineering Corporation, Xylem, Calgon Carbon Corporation, Alfa Laval, ATG UV Technology, Headway Technology Co.Ltd., and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Ballast Water Treatment Market, By Technology
5.1 Introduction
5.2 Chemical treatment
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Physical disinfection
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Mechanical systems
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. Ballast Water Treatment Market, By Vessel Type
6.1 Introduction
6.2 Low ballast dependent vessels
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 High ballast dependent vessels
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. Ballast Water Treatment Market, By Service
7.1 Introduction
7.2 Performance measurement
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Manufacturing, installation & calibration
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Re-commissioning
7.4.1 Market Overview
7.4.2 Market Size and Forecast
8. Ballast Water Treatment Market, By Capacity
8.1 Introduction
8.2 <1500 cubic meters
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 1500 – 5000 cubic meters
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 >5000 cubic meters
8.4.1 Market Overview
8.4.2 Market Size and Forecast
9. Ballast Water Treatment Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 North America Ballast Water Treatment, By Technology
9.2.2 North America Ballast Water Treatment, By Vessel Type
9.2.3 North America Ballast Water Treatment, By Service
9.2.4 North America Ballast Water Treatment, By Capacity
9.3 Europe
9.3.1 Europe Ballast Water Treatment, By Technology
9.3.2 Europe Ballast Water Treatment, By Vessel Type
9.3.3 Europe Ballast Water Treatment, By Service
9.3.4 Europe Ballast Water Treatment, By Capacity
9.4 Asia-Pacific
9.4.1 Asia-Pacific Ballast Water Treatment, By Technology
9.4.2 Asia-Pacific Ballast Water Treatment, By Vessel Type
9.4.3 Asia-Pacific Ballast Water Treatment, By Service
9.4.4 Asia-Pacific Ballast Water Treatment, By Capacity
9.5 Rest of the World
9.5.1 Rest of the World Ballast Water Treatment, By Technology
9.5.2 Rest of the World Ballast Water Treatment, By Vessel Type
9.5.3 Rest of the World Ballast Water Treatment, By Service
9.5.4 Rest of the World Ballast Water Treatment, By Capacity
10. Competitive Insights
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
11. Company Profiles
11.1 Trojan Technologies
11.1.1 Company Overview
11.1.2 Product/Service Landscape
11.1.3 Financial Overview
11.1.4 Recent Developments
11.2 Mitsubishi Heavy Industries Ltd.
11.2.1 Company Overview
11.2.2 Product/Service Landscape
11.2.3 Financial Overview
11.2.4 Recent Developments
11.3 Evoqua Water Technologies LLC
11.3.1 Company Overview
11.3.2 Product/Service Landscape
11.3.3 Financial Overview
11.3.4 Recent Developments
11.4 Damen Shipyards Group
11.4.1 Company Overview
11.4.2 Product/Service Landscape
11.4.3 Financial Overview
11.4.4 Recent Developments
11.5 JFE Engineering Corporation
11.5.1 Company Overview
11.5.2 Product/Service Landscape
11.5.3 Financial Overview
11.5.4 Recent Developments
11.6 Xylem
11.6.1 Company Overview
11.6.2 Product/Service Landscape
11.6.3 Financial Overview
11.6.4 Recent Developments
11.7 Calgon Carbon Corporation
11.7.1 Company Overview
11.7.2 Product/Service Landscape
11.7.3 Financial Overview
11.7.4 Recent Developments
11.8 Alfa Laval
11.8.1 Company Overview
11.8.2 Product/Service Landscape
11.8.3 Financial Overview
11.8.4 Recent Developments
11.9 ATG UV Technology
11.9.1 Company Overview
11.9.2 Product/Service Landscape
11.9.3 Financial Overview
11.9.4 Recent Developments
11.10 Headway Technology Co.Ltd.
11.10.1 Company Overview
11.10.2 Product/Service Landscape
11.10.3 Financial Overview
11.10.4 Recent Developments
The Ballast Water Treatment Market has been segmented as below:
Ballast Water Treatment Market, By Technology
Ballast Water Treatment Market, By Vessel Type
Ballast Water Treatment Market, By Service
Ballast Water Treatment Market, By Capacity
Ballast Water Treatment Market, By Region
Ballast Water Treatment Market, By Company
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